One more attempt to send the price into a corrective decline

27.05.2021

The next update of the maximum again became a reason for a sharp increase in the activity of sellers, who found the strength in themselves and pushed the price down again, reaching a local minimum, from where the price bounced up twice before. It is unlikely that there will be a third one, although the price is trying to start growing again, but prince, this is a snag, which means that during the current trading session we will see a further decline in the pair, which is impulsive within the correctional wave (2).

Consequently, it is recommended to start selling at current market values.

Investment idea: sell 1.2185, stop loss 1.2210, take profit 1.2100.